$FOGO got rejected near .01762, but the dip didn’t last long as buyers stepped in aggressively around the .01500 support zone and pushed price back higher on the 1H chart. The rally is cooling slightly near the current range, but bulls are still keeping the structure under control after the +10.34% move.
Setup:
• Entry: .0161 – .0165
• Target 1: .0176
• Target 2: .0192
• Target 3: .0210
• Stop-loss: .0148
RSI around 75.04 shows momentum is still running strong despite the earlier rejection. If buyers keep absorbing pullbacks like this, another breakout attempt could come quickly.
Trade #fogo here
FOGO
0.01445
+4.63%